Executive MBA or EMBA is a one- year postgraduate degree course in the field of management. Some colleges even offer this course for the extended time period of 15 to 18 months. Such an MBA course is specially designed for working professionals who wish to enhance their management skills. For those who want to pursue an EMBA in India have to pass some minimum eligibility criteria.
- The minimum eligibility criteria to study EMBA in India is that a candidate must be a graduate in any field with minimum 50-55% marks.
- Work experience of 2 to 10 years from the applicants is also required.
- The admissions are made on the basis of profile and popular exams like GMAT, GRE, CAT, CMAT, NMAT etc.
- Some colleges offer an option of an EMBA distance education curriculum. The average annual fees charged in India for executive MBA is INR 4 to 15 lakh.
- Average starting salary is INR 9 – 15 Lakh.
Why do students these days prefer doing an Executive MBA?
Executive MBA has gained popularity across the globe over the years. Now, more graduates prefer to work for a few years and then pursue this MBA as it gives them a competitive edge. The demand for this MBA program is rising at a fast pace as the previous work experience adds to the professional profile of the candidates.
Also, EMBA can be the best option for working professionals who seek to advance their professional career. The program is designed to broaden the management skills of individuals through lectures, case studies, action learning, etc. It also prepares functional managers for general management roles and equips them with essential management disciplines.
Moreover, top B-schools like the IIMs provide campus placement for their EMBA graduates. The average salary offered after completion of Executive MBA programme is Rs 13 lakh and above. The increase in the number of placements of EMBA candidates show that more recruiters are now interested in recruiting MBA graduates with work experience.
Executive MBA candidates are hired by all types of companies like Deloitte, Infosys, Reliance Industries, HCL, KPMG, Asian Paints, Tata Motors, ICICI Bank etc. for senior- level managerial and consulting jobs and entrepreneurship in domains like Finance, Marketing, Sales, Human Resources, IT, Digital Marketing, Business Analysis, Operations, Banking, Insurance, Consulting, etc. The average salary lies between 9 to 15 lakh per annum. Also, the roles offered are that of Sales Executive, Brand Executive, Quality Control Manager, etc.
Top Colleges for Executive MBA
Some top colleges to pursue Executive MBA are listed below:
Indian Institute of Management, Ahmedabad
Indian Institute of Management, Ahmedabad (IIM- A) is the second Indian Institute of management established after IIM- Calcutta. The most popular course of IIM- A is the executive MBA which is rated in the top 5 courses by Financial Times in the world.
To get admission in IIM- A, students must have a valid score in CAT, GMAT or GRE entrance exams. The institute has excellent and best placement records among all the other B- Schools with the top recruiters like Amazon, L & T, Flipkart, etc.
Indian Institute of Management, Lucknow
Indian Institute of Management, Lucknow (IIM- L) is recognized as an “Institution of Excellence” by India’s HRD Ministry. The institute is placed at 4th rank in the NIRF rankings and The Economic Times rankings too. The institute records 100% placement records in just 3 days where highest offers were made by Flipkart, Amazon, Deloitte, etc.
Faculty of Management Studies, University of Delhi
Faculty of Management Studies (FMS), University of Delhi is ranked at 7th and 35th amongst top Indian management institutes as per the rankings by Recruitment Inbox and NIRF. The college offers an MBA program at just ₹50,000 fees per annum. The highest placement recorded in the last session was 58 LPA.
Indian School of Business, Hyderabad
Indian School of Business, Hyderabad is placed at the 7th rank all over the world and 1st in Asia as per Forbes’s recent ranking. The business school provides MBA in various specializations such as Infrastructure Management, Healthcare Management, Business Technology, etc. The admissions are made on the basis of the scores of entrance exams like GMAT, GRE, TOEFL and IELTS. The institute has association with some of the top notch management institutes across the globe like MIT Management Sloan School, London Business School, The Fletcher School, The Wharton School, University of Pennsylvania and Kellogg School of Management.
Delhi Technological University, Delhi
Delhi Technological University (DTU) is placed at 2nd and 34th place amongst best technological Universities as per the Times Engineering Survey and NIRF rankings. The University is famous for its best UG, PG, Executive and Doctoral programs in Engineering and management such as B.Tech., BDS, M.Tech., MBA, etc. The institute has excellent placement records with 100% placement records.
Symbiosis Institute of Business Management, Bangalore
Symbiosis Institute of Business Management, Bangalore which is popularly known as SIBM Bangalore offers MBA in various specializations under MBA, i.e., General MBA, Family Managed Business and Entrepreneurship, Business Analytics and Quantitative Finance.
The institute offers an executive MBA program for working professionals for a total duration of two and a half years. The institute accepts admissions on the basis of the scores of the entrance exam – SNAP (Symbiosis National Aptitude Test). The institute has been placed at 23rd position in TOI’s entire India B-School ranking.
Narsee Monjee Institute of Management Studies, Mumbai
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai is a deemed University located in Mumbai. The University provides UG, PG and Doctoral level programs in various streams such as Engineering, Management, Commerce, law, Economics, Global Education, etc.
The institute has received number 1 best college award for BBA program by India Today in 2018. Also, the college has been ranked 2nd by the Business world B- school survey in 2018.
Xavier School of Management, Jamshedpur
Xavier School of Management, Jamshedpur is an AICTE approved institute that provides full- time and part- time management programs and is considered as one of the best management institutes of the country. The executive MBA program is a part time weekend program in business management for working executives and business owners. It is a rigorous program of 900 hours where candidates should have minimum work experience of 2 years.
Executive MBA is a perfect choice for those working professionals who wish to accelerate their career while working. The program opens up various job profiles like Sales Executive, Brand Executive, Communications Manager, etc. Students have lots of opportunities and diverse fields after completing such an MBA course. Professionals can even bag a higher position in their firm as a means of promotion.